Student loan interest (Form 1098E) is found in the Education section of Deductions and Credits. You can enter this by using the search (upper right corner of your TurboTax screen) - search for 1098E (make sure enter the E because there is another form for mortgage interest that is a 1098) and click jump to 1098E. This will bring you to the right section.
Or you can find the correct spot by using the step by step method below -
- Log into your account and click Take Me to My Return
- Click on the Federal Taxes tab
- Then Deductions and Credits
- Scroll down until you see Education (you may have to click Check for More Credits and Show All to get the full list to appear)
- Click on the Student Loan Interest Paid (Form 1098E) section
- Enter your interest paid
Bank account interest (Form 1099INT) would be entered under Interest Income in Wages and Income. You can enter this by using the search (upper right corner of your TurboTax screen) - search for 1099INT and click jump to 1099INT. This will bring you to the right section. Its ok if you don't actually have the form 1099INT as most banks don't issue them unless the interest is over $600 - you can just enter it with the bank name and amount of interest just like if you did have the form (same applies to above student loan).
Or you can find the correct spot by using the step by step method below -
- Log into your account and click Take Me to My Return
- Click on the Federal Taxes tab
- Then Wages and Income
- Scroll down until you see Interest and Dividends (you may have to click Check for More Credits and Show All to get the full list to appear)
- Click on the Interest on Form 1099-INT section
- Enter your interest paid
